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Sep 13, 2012 4:00am PDT
with the attacks in libya, it seems as though oil barely blipped. > > you know, oil did barely blip, and that was a big surprise to a lot of people. but one thing we really need to keep in mind is before the hurricane that we saw earlier in the month and earlier last month, was a lot of refineries were shut down, and that caused an unusual spike in oil and short-term prices. so i think it's more a thing of consolidation. the market does seem to think that oil will trek higher, but the news we saw today was nothing more than headline risk and a consolidation. > > by the way, i like your big dollar bills. thanks for being on the show today. larry shover of sfg alternatives. as we mentioned earlier, the market awaits the fed's decision on another round of economic stimulus. that stimulus could include the fed buying bonds to lower long-term interest rates, which could trigger more borrowing and lending. many traders and economists are questioning whether the move can spur the recovery, since interest rates are already at record lows. the fed wraps up its two-day meeting with ben bernan
Sep 12, 2012 4:00am PDT
all of us at first business, thank you for watching and have a great day! >>> u.s. ambassador to libya killed in an attack to the consulate in that area. >>> we are live in alameda where a man in a wheelchair is rescued from a burning apartment. >>> just hours from now the big announcement apple is expected to make about its newest iphone. all ahead on the ktvu channel 2 morning news. >>> good morning. thank you for joining us on this wednesday morning september 12th i'm pam cook. let's check in with steve paulson. what is the weather going to be like? >> if you're by the coast or around the bay it's 60s and 70s. a little bit stronger sea breeze. and if you are inland it will be warm to hot. 80s. >>> steve, good morning. traffic is doing pretty well. there is road work out there we may have to worry about on 880. for the most part we are doing very nicely. let's take a look at the golden gate bridge. a little bit of fog on the span. also we are looking at 880 northbound traffic does move well. let's go back to the desk. >>> we begin with breaking news from overseas this morning. u.s. a
Search Results 0 to 1 of about 2